CFO Forum Ethiopia 2022
CFO Forum Ethiopia 2022
CFO Forum 2022 provided a crucial platform for stakeholders to convene and address the pertinent challenges encountered since the adoption of IFRS in the country. With the theme “Ethiopia’s IFRS Implementation: The Journey to Date and the Way Forward,” the forum served as a stage for collaborative discourse, aimed at not only reflecting on past experiences but also charting a better path forward toward enhanced financial reporting practices.
The forum featured discussions addressing the pervasive challenges surrounding IFRS implementation in Ethiopia. It highlighted the outcomes of a comprehensive survey conducted on specific IFRS-related topics including, among others:
Difficult and impractical standards from the Ethiopian context
Practical & important standards requiring special emphasis/ attention.
IFRS implementation roadblock in Ethiopia particularly related with property & actuarial valuation and shortage of experts & expertise
Regulatory issues about financial reporting, in general, and IFRS implementation, in particular.
An open panel discussion was also held on the forum, which provided a platform for interactive dialogue, with questions and comments from the floor addressed by presenters, panelists, and other participants.
The panel comprised esteemed representatives from diverse sectors, including the finance profession, government bodies such as the Ministry of Revenue and the Ministry of Finance, banks, professional associations like AABE and ACCA, as well as CFOs from large corporations. This inclusive panel facilitated dynamic exchanges and enriched perspectives of IFRS implementation challenges and potential solutions.
CFO Forum Ethiopia 2022 Survey
View Full Report
How can we help?
Get in touch with us
HST works with clients to solve business growth, operational, people, financial, tax, governance, risk, learning and compliance challenges with locally relevant solutions.
Contact
Addis Ababa: Ethio-China Friendship Ave,
Mina Building 4th and 5th Floor
Addis Ababa Tel: +251 115 52 76 66/67
Adama: Gurmu Woreda around Mebrat Hayle,
Oromia Bank building 2nd Floor
Adama Tel: +251915156522/+251911866404
info@hst-et.com
P.O. Box 25701